(Bloomberg) -- Warren Buffett sold shares of Bank of America Corp. for the 12th straight day, trimming his conglomerate’s massive stake in the lender by a total of 8.8% — or $3.8 billion — since mid-July.Most Read from BloombergIn the...
(Bloomberg) -- Asian stocks tumbled as sentiment was hit by a triple whammy of a selloff in Japanese equities, a global tech rout and signs of weakness in the US economy.Most Read from BloombergThe MSCI Asia Pacific Index plunged as...
By Lewis KrauskopfNEW YORK (Reuters) - Economic concerns are once again showing up on Wall Street's radar, as worries grow that months of elevated interest rates may be starting to hurt U.S. growth.For months, investors had been heartened by cooling...
A look at the day ahead in European and global markets from Rae WeeIt's been a rollercoaster ride of a week and Friday is shaping up to be no exception for investors, with risk assets in particular set for a...
Shares of Lumen Technologies (NYSE: LUMN) jumped over 100% this week, according to data from S&P Global Market Intelligence. The fiber optic and communications services provider announced a partnership with Corning Incorporated that had investors incredibly bullish. Corning is reserving...
(Bloomberg) -- Japanese stocks plunged for a second day on expectations for further monetary tightening in the country, exacerbating a global selloff following weak US economic data and tech earnings.Most Read from BloombergThe Topix index fell as much as 5.7%,...
MercadoLibre (MELI) surged late Thursday after the Latin American e-commerce and payments giant that blew past second-quarter estimates, with net profit more than doubling from the year-earlier period. ↑ X NOW PLAYING Massive Selling Leaves Few Unscathed; AstraZeneca, NextEra, T-Mobile...
Researchers Identify 'Trump Dump' Effect: Ex-President Is Already Causing Deep Stock Losses In Companies And Industries He TargetsThe stock market is experiencing a significant downturn, which researchers attribute to the actions and statements of former President Donald Trump. The phenomenon...
By Rae WeeSINGAPORE (Reuters) - Asian shares and U.S. Treasury yields slid while the Swiss franc and Japanese yen rose on safety bids on Friday after weaker-than-expected U.S. factory data sparked fears of a worsening economic outlook.A measure of U.S....
Dow Jones futures fell modestly after hours, along with S&P 500 futures and Nasdaq futures. Apple (AAPL) and Amazon.com (AMZN) reported earnings late with the July jobs report due early Friday. ↑ X NOW PLAYING Massive Selling Leaves Few Unscathed;...
